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Press Release
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April 4, 2012
Arent Fox’s Jule Rousseau and Eric Biderman Published in Law360 – “Rescind and Retain? More Like Rescind and Refund”
Arent Fox’s Jule Rousseau and Eric Biderman have been published in the “Expert Analysis” feature of the April 4, 2012, edition of Law360. In their article titled “Rescind and Retain? More Like Rescind and Refund,” Jule and Eric analyze a recent US Court of Appeals for the Eleventh Circuit decision in which the court held that the insurer cannot both rescind a life insurance policy and retain the premiums paid for it. The decision has significant application for market investors who own policies that are in litigation where, unbeknownst to the investor at the time of its investment, an underlying fraud tainted the policy, write Jule Rousseau and Eric Biderman. To read the full Law360 article, please click here (registration required). |
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